Welltower announces $902M in seniors housing dispositions
By
Amy Novotney
Oct 06, 2020
Toledo, OH-based Welltower announced several sales Monday from the firm’s seniors housing portfolio totaling $902 million.
Housing wealth among older homeowners grew by $120 billion in Q1: report
By
Amy Novotney
Jun 29, 2020
Homeowners aged 62 years and older saw their housing wealth grow by 1.6%, or $120 billion, in the first quarter, according to a report released Friday from the National Reverse Mortgage Lenders Association.
Decline in nursing home residents spurs long-planned strategic moves for one long-term care operator
By
Amy Novotney
Apr 20, 2021
The COVID-19 pandemic has offered a bit of a silver lining for one Connecticut long-term care operator: the impetus for making long-planned strategic changes in skilled nursing and an expansion in its...
Barron’s: Skilled-nursing-focused REIT CareTrust in good shape amidst pandemic
By
Amy Novotney
Jun 02, 2020
With plenty of balance sheet flexibility, San Clemente, CA-based CareTrust appears ready to weather the pandemic successfully and continue growing in the near term, predict experts at Barron’s and Seeking...
Senior housing rent coverage concerns loom for LTC, despite fourth quarter that beat analysts expectations
By
Amy Novotney
Feb 22, 2021
Aided by better-than-anticipated rent collection in the fourth quarter, real estate investment trust LTC Properties beat the expectations of analysts, reporting funds from operations of 78 cents per share....
Despite court order over noise pollution, graduate students become musicians-in-residence at Arizona...
By
Amy Novotney
Nov 30, 2021
Even as an Arizona life plan community and its residents continue to file noise complaints against a live music venue across the street, the in-house music scene is thriving at the community.
SBA clarifies how to handle outstanding PPP loans amidst mergers and acquisitions
By
Amy Novotney
Oct 09, 2020
As merger and acquisition activity continues to pick up within senior housing after a significant drop-off during the COVID-19 pandemic’s earliest days, some buyers and sellers have been struggling with...
LTC Properties’ FFO, revenue down due to $5.5M Genesis write-off, decreased and deferred rent from...
By
Amy Novotney
Nov 02, 2020
Similar to real estate investment trusts Omega and Welltower, Westlake Village, CA-based LTC Properties announced a third quarter write-off in straight-line rent receivable balances as a result of going...
Debates arise over who should foot the bill for nursing home worker testing
By
Amy Novotney
Jun 10, 2020
Regular COVID-19 testing of nursing home staff, who are the most likely to introduce the virus to a facility and spread it to residents, has been sanctioned by experts as one of the most important ways...
People in the news, May 3
By
Amy Novotney
May 03, 2022
Appointments, promotions and awards at The Ciena Group, Discovery Senior Living, East Ridge Residence, Erickson Senior Living, Fishman & Associates, Franciscan Ministries, Juniper Communities, M3, MBK...